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Cheap mistakes, and expensive ones

For years, researchers in behavioural finance have pointed out that our investment decisions are clouded by countless cognitive biases which cause us to fall short of fully rational behaviour. However, some new research suggests that such biases are not always very expensive.

More by Chris Dillow

Chris Dillow

Chris spent eight years as an economist with one of Japan's largest banks. Here, he provides insightful commentary on the latest economic news and data, along with thought-provoking articles about investor behaviour.

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